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You want to buy as many shares of AMD as possible. The stock is selling for $102.92 a share. You have an initial margin level
You want to buy as many shares of AMD as possible. The stock is selling for $102.92 a share. You have an initial margin level of 60% and a maintenance margin level of 45%, you have $25,000 to invest. How many shares of AMD can you buy?
A. 290 B. 404 C. 434 D. 523
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